https://www.taxtmi.com/circulars?id=10182 Securities exempted by statutory notification under the Wealth-tax Act are not chargeable to wealth-tax but their value is included in net-wealth; such notified securities must be excluded from computation only to the extent of the overall exemption, and only the value in excess of that overall exemption shall enter the net-wealth computation for determining wealth-tax rates. en-us Sat, 20 Apr 1974 00:00:00 +0530 Sat, 11 Jun 2011 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10182 Securities exempted by statutory notification under the Wealth-tax Act are not chargeable to wealth-tax but their value is included in net-wealth; such notified securities must be excluded from computation only to the extent of the overall exemption, and only the value in excess of that overall exemption shall enter the net-wealth computation for determining wealth-tax rates. Circulars Income Tax Sat, 20 Apr 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10182